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Updated: June 20, 2025
Concerning the shilling interest per week on a pound there is, however, unhappily no room for doubt, and for small unsecured loans 260 per cent. per annum is still the ruling figure. This enormous rate of interest, however, is now only exacted on the very smallest loans, for the old-fashioned gombeen man has lost his customers for larger sums.
The funnel had gone overboard in one of the heavy rolls; two of their three boats had disappeared, washed away in bad weather, and the davits swung to and fro, unsecured, with chafed rope's ends waggling to the roll.
It may be worth mentioning by the way that he not only spent himself in efforts to induce others to lend, but he himself lent. Before he embarked for Philadelphia on his French mission, he gathered together all that he could raise in money, some £3000 to £4000, and paid it over as an unsecured loan for an indefinite period to the Continental Congress.
'Ten thousand pardons, I said, as I stepped out of the carriage, and shook hands with them. 'A sudden recollection important papers unsecured at my hotel business in in Lincoln's Inn Fields. I will call on you in the morning. And I reeled down the pavement towards the Haymarket.
The recent warning of the American banks by the Federal Board against accepting through the post large quantities of unsecured foreign treasury notes a warning which could only refer to the issue by the Morgan bank of English and French short-dated securities has also shattered the belief in the inexhaustible economic resources of France and England.
There I stood, in a state of horrid expectation, my soul ravaged with the different passions that assailed it, until the fatal moment arrived; when I perceived the traitor approach the window of a lower apartment, which led into that of Serafina, and gently lifting the casement, which was purposely left unsecured, insinuated half of his body into the house.
Sir, We have received the sum of one thousand dollars, from a correspondent whose identity we are not at liberty to reveal, to place to your credit. If you prefer, you may regard this amount as an unsecured loan and repay it with current interest on opportunity. Otherwise it is unconditionally at your disposal, and we will have pleasure in honoring your drafts to that extent.
It is an additional recommendation of the measure, of considerable weight, in my judgment, that it would reconcile as far as possible all existing interests by the opportunity offered to existing institutions to reorganize under the act, substituting only the secured uniform national circulation for the local and various circulation, secured and unsecured, now issued by them.
"I hear," he added in a whisper, "that the other fellows are going out of business Foger and his crowd you know. They loaned money on unsecured notes to make a good showing, and now they can't get it back But we're all right. Hope you win the race." "So do I." "What will a certain person do while you're away?" went on Ned, with a wink.
That is privately Friedrich's own full intention. Saxony, with its Elbe River as Highway, is his indispensable preliminary for Bohemia: and he will not, a second time, as he did in 1744 with such results, leave it in an unsecured condition. Adieu then, Messieurs; silent: AU REVOIR, which may be soon!
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